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£210,000
Granard House
- 1 bed
£210,000
- 1 bed
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Buy with a mortgage
Estimate monthly mortgage payment:
£959 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£10,500
Property listed by:
Pure Investor
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## Please note this property is being sold with tenants in situ ##
- One/Two Bedroom Apartment For Sale (one of the rooms is only accessible via the property but is not part of the demise which is why it is being advertised as a one bed and not two)
- Current Rental Income Of £30,000.00pa
- Property Currently Being Tenanted By Three Separate Tenants
- Current Managing Agent In Place
- 91 Years Remaining On The Lease (council owed building so extensions would be available via Hackney council
- CASH BUYERS ONLY
- Fantastic Location
- Low Asking Price To Reflect Lease Extension And Cash Buyers Only
INVESTMENT INFORMATION
- Asking Price £210,000.00
- Current Rental Income Room 1 - £650.00pcm | Room 2 - £850.00pcm | Room 3
- £1,000.00pcm | Overall Rental Income - £2,500.00pcm (£30,000.00pa)
- Gross Yield 14.3%
- Service Charges Per Annum £1,960.56pa
- Ground Rent Per Annum £8.00pa
- Management Fees (current rate 15.4%) £4,620.00pa
- Net Yield 11.1%
Mortgage calculator
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£959 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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